FircoSoft, the leading global provider of watch list filtering solutions, will be showcasing its Firco Due Diligence and Firco FATCA solutions at the 14th Annual FIBA Anti-Money Laundering Compliance Conference on February 20-21 in Miami, Florida.
FircoSoft is sponsor and an exhibitor at the FIBA Conference during which industry leaders from both private and public sectors debate key insights on regulatory expectations and best practices in order to ensure that transnational banks and financial institutions have at their disposal the information necessary to operate safely in the current BSA/AML/OFAC compliance environment. The program will also help foreign bankers acquire first-hand knowledge of the due diligence expectations of U.S. regulators and U.S. banks under a risk-based AML compliance program. FIBA expects to attract more than 1,300 delegates from over 40 countries.
“We are delighted to be sponsoring this week’s premier FIBA event designed to facilitate the integration of global regulations and best practices for AML and sanctions compliance,” said Gerry McMurrer, Managing Director of FircoSoft, Inc. “With the rapidly changing regulatory landscape, it is more challenging than ever to establish and maintain effective controls. We take this opportunity at FIBA to demonstrate our growing portfolio of solutions designed to address these challenges and changes to the many compliance professionals attending this event.”
Located at booth #4, FircoSoft, filtering since 1994, will be showcasing:
- Firco Due Diligence – offering small and mid-sized banks, broker dealers, insurance firms and corporates a cost-effective and rapidly deployable solution for sanctions and PEPs screening of relationship information and customer data.
- Firco FATCA – designed to manage the complete FATCA requirement lifecycle including data acquisition, remediation, onboarding, investigation and reporting.
- Firco Continuity - designed to ensure compliance and detect and block in real time transactions including listed parties, Firco Continuity filters any message type including ACH, SWIFT, FEDWIRE against any sanctions list (such as EU, OFAC, HMT, and UN), third-party lists or internal watch lists.
- Firco Trust - provides configurable high-performance customer and entity screening; users can implement Know Your Customers (KYC) programs by filtering existing and new customers, counterparts or beneficiaries against any sanctions, PEPs or negative news list in batch, real-time or on-demand.